Mercedes-Benz Boss Says German Workers Are 'Too Expensive' and Backs Longer Hours Without Extra Pay
Executives say a 40-hour week could cut labour costs by 13% as Germany’s manufacturers face weaker output and rising competition.
6 Articles
6 Articles
Why a longer working week may not fix Volkswagen's woes: Facts about Germany's 35-hour week and competitiveness
BERLIN: With a confrontation brewing between management and unions over Volkswagen's restructuring plans amid wider efforts to protect the future of German auto production, attention is turning to the industry's 35-hour working week.Automakers complain high domestic costs weigh on profit at a time when cheaper models from abroad are stealing market share, part of a broader discussion about German competitiveness.Here are some facts about the 35…
The Economic Times
Why a longer working week may not fix Volkswagen's woes
German automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. This change could potentially reduce costs for German auto plants. However, experts doubt it will solve structural issues or demand problems. Unions advocate for cooperation, citing past successful agreements for flexibility.
Mercedes-Benz Boss Says German Workers Are 'Too Expensive' and Backs Longer Hours Without Extra Pay
Germany's industrial sector debates a return to a 40-hour week without extra pay amid rising costs and declining competitiveness. Unions and economists discuss the implications.
The directors of Germany's largest industrial companies call for a 40-hour return to work week, invoking the high labour costs that affect the country's competitiveness. Earlier this month, the chairman of the Supervisory Board of the Mercedes-Benz Group AG, Martin Brudermüller, told the German newspaper Handelsblatt that the labor force in the country [...]
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
